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Yen Off Highs, Markets Wary of Intervention

August 22, 2011

The dollar gained against the yen on Monday, rising from a record low plumbed late last week, as investors covered dollar short positions wary that Tokyo could step into the market and with a U.S. bank detected buying.

Source: http://www.cnbc.com/id/44222622?__source=RSS*tag*&par=RSS
 
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